What Is Viper Protocol (VIPER)?
Viper Protocol is a cross-chain and multi-product DeFi protocol with its base on the Harmony Blockchain.
The protocol is a part of VenomDAO which is a DAO launching multiple cross-chain initiatives on new and emerging EVM- and Ethereum-tooling compatible blockchains like Harmony, Binance Smart Chain, Fantom etc.
VIPER is the native governance and revenue generating token that is used for:
- Governance for the Viper exchange/DEX and all DeFi products operating on the Harmony blockchain.
- A revenue accrual mechanism earning a share of DEX trading fees via the revenue sharing ViperPit mechanism.
- Collateral for future products such as algorithmic stable coins and/or synthethic assets.
How Many VIPER Coins Are There in Circulation?
The Viper protocol launched March 8th, 2021 on the Harmony blockchain. The token has a hard cap of 500,000,000 tokens and the current circulating supply is around 100,000,000 with a rapdily decreasing emission schedule until March 2023.
Where Can I Buy Viper Protocol (VIPER)?
Viper Protocol (VIPER) can be purchased from viper.exchange, Viper's own native DEX.